As of 4Q 2023, the average money market interest rate is over 5% thanks to aggressive Fed rate hikes since 2022. For those who have money sitting around in a savings or checking account, please move your money into a money market fund like SPAXX. You'll likely earn much more interest ...
Investors seeking high cash management interest rates can elect to transfer their cash allocation to higher-yielding Fidelity Money Market Mutual Funds:22 Fidelity Government Money Market Fund (SPAXX) Fidelity Money Market Fund (SPRXX) Fidelity Municipal Money Market Fund (FTEXX) ...
Perhaps Fidelity noticed this activity as well, or perhaps they noticed certain 5% APY cash offerings from competitors, because in less than two months (June 15, 2024), the CMA is adding the Fidelity Government Money Market Fund (SPAXX) an a core position option. If you have a Fidelity Ca...
Fidelity Government Money Market Fund (SPAXX), a taxable money market mutual fund investing in U.S. Government Agency and Treasury debt, and related repurchase agreements. Intended for investors seeking as high a level of current income as is consistent with the preservation of capital and liquidi...
Fidelity® Government Money Market Fund Inflation can slowly eat your dollars. You may want to consider this option if you want to maximize your potential earnings. Your cash is automatically held in a money market fund (SPAXX). Performance data shown represents past performance and is no...
(FZFXX). SPAXX is a taxable money market mutual fund designed for investors who want a current income level that is higher and consistent with preserving their capital and liquidity. This fund invests in U.S. Government Agency and Treasury debt. SPAXX's average annual return over three ...
Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.
Put your money to work Earn well above national average3 for traditional checking account. Open an account Learn moreFeatures that go beyond traditional checking No monthly fees or minimums2 Fidelity ® Government Money Market Fund (SPAXX) option with 4.47% 7-day yield5 as of October-30-20...